For any emission trading system (ETS) with quantity-based endogenous supply of allowances, there exists a negative demand shock, e.g. induced by abatement policy, that increases aggregate supply and thus cumulative emissions. We prove this green paradox for a general model and then apply it to...

Methods from dynamic modeling and econometrics are used in order to develop a computer model of Illinois grain farmers’ adjustment to a carbon tax policy. All relevant money and material inflows and outflows on Illinois farms and their reaction to a carbon tax policy are explicitly included...

This paper presents a dynamic simulation model to predict the performance of an ASHPWH (air source heat pump water heater). The developed model is used to assess its performance in the Lebanese context. It is shown that for the four Lebanese climatic zones, the expected monthly values of the...

The Gas Engine driven Heat Pump (GEHP) operating cycle is a vapor compression refrigeration type which includes compressor, condenser, expansion valve, evaporator, and a gas engine to drive the compressor. In the present work, the dynamic modeling of GEHP system during startup in cooling mode is...

We formulate a theoretical model in which we postulate that if a customers' behavior is perceived as not optimal, customers will adjust this behavior based on their current satisfaction and payment equity. Furthermore, customers will also include new experiences. In our empirical study we...

The Shell coal gasification system is a single-stage, up-flow, oxygen-blown gasifier which utilizes dry pulverized coal with an entrained flow mechanism. Moreover, it has a membrane wall structure and operates in the slagging mode. This work provides a detailed dynamic model of the 300MW Shell...

This paper presents a dynamic form of the almost ideal demand system (AIDS). The static AIDS model was employed to determine long-run equilibrium model and represents the short-run dynamics by an error correction mechanism. This estimation procedure is applied to estimate three kinds of popular...

The study examined the effects of various trade policy instruments such as tariff, import restrictions, outright ban on rice import and other determinants on the import demand for rice in Nigeria between 1960 and 2007. Adopting a dynamic modeling approach, the unit root test of the series used...

This article deals with a PEMFC (proton exchange membrane fuel cell) electrical model based on a 1D analog representation of mass transport phenomena, and taking into account the influence of gas supply conditions on fuel cell voltage. By using an electrical analogy to describe transport of...

Hybrid power systems, formed by combining high-energy-density batteries and high-power-density ultracapacitors in appropriate ways, provide high-performance and high-efficiency power systems for electric vehicle applications. This paper first establishes dynamic models for the ultracapacitor,...